Nebraska Statutes
§ 72-259 — School lands; sale; proceeds; disposition
Nebraska·Ch. 72 Public Lands, Buildings, and Funds
(1)The Board of Educational Lands and Funds shall deposit the proceeds of the sales of educational lands with the State Treasurer for the benefit of the various funds as provided in this section.
(2)The proceeds of the sales of common school and saline educational lands shall be deposited with the State Treasurer for the benefit of the permanent school fund of the state.
(3)The proceeds of the sales of university educational trust lands shall be deposited with the State Treasurer for the benefit of the Permanent Endowment Fund referred to in section 85-123 .
(4)The proceeds of the sales of state college educational trust lands shall be deposited with the State Treasurer for the benefit of the endowment fund referred to in section 85-317 .
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Legislative History
Source: Laws 1921, c. 81, § 3, p. 295; C.S.1922, § 5217; C.S.1929, § 72-237; R.S.1943, § 72-259; Laws 1996, LB 1205, § 4.
Cross References: Permanent school fund, see Article VII, sections 5 and 9, Constitution of Nebraska.
Nearby Sections
15
§ 72-1002
Repealed. Laws 1959, c. 265, § 1§ 72-1003
Repealed. Laws 1959, c. 265, § 1§ 72-1004
Repealed. Laws 1959, c. 265, § 1§ 72-1005
Repealed. Laws 2021, LB509, § 25§ 72-1006
Repealed. Laws 1963, c. 422, § 6§ 72-1007
Repealed. Laws 1969, c. 594, § 4§ 72-1008
Repealed. Laws 1972, LB 1044, § 1§ 72-1009
Repealed. Laws 1972, LB 1044, § 1§ 72-101
Sale or lease; how validated§ 72-1010
Repealed. Laws 1972, LB 1044, § 1§ 72-1011
Repealed. Laws 1972, LB 1044, § 1